https://www.taxtmi.com/highlights?id=93614 ITAT held that the belated return filed by the assessee society on 31.03.2019 in response to a s.142(1) notice dated 01.12.2017 constituted a valid return despite delay. The AO erred in treating that return as invalid and in withdrawing the subsequently issued s.143(2) notice dated 22.09.2019, thereafter framing assessment u/s 144. The Tribunal found the AO's dispensation of the statutory obligation to serve a s.143(2) notice and framing under s.144 resulted in absence of valid assumption of jurisdiction. Section 292BB could not cure the absence of a s.143(2) notice. Consequently the s.144 assessment dated 28.12.2019 was quashed. en-us Tue, 28 Oct 2025 08:33:52 +0530 Tue, 28 Oct 2025 08:33:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=93614 ITAT held that the belated return filed by the assessee society on 31.03.2019 in response to a s.142(1) notice dated 01.12.2017 constituted a valid return despite delay. The AO erred in treating that return as invalid and in withdrawing the subsequently issued s.143(2) notice dated 22.09.2019, thereafter framing assessment u/s 144. The Tribunal found the AO's dispensation of the statutory obligation to serve a s.143(2) notice and framing under s.144 resulted in absence of valid assumption of jurisdiction. Section 292BB could not cure the absence of a s.143(2) notice. Consequently the s.144 assessment dated 28.12.2019 was quashed. Highlights Income Tax Tue, 28 Oct 2025 08:33:52 +0530 https://www.taxtmi.com/highlights?id=93614